#CryptoMarketWatch As of March 9, 2025, the cryptocurrency market is experiencing a slight downturn. The global market capitalization has decreased by approximately 2.04% over the last day, currently standing at $2.77 trillion.

Recent developments have influenced market dynamics. President Donald Trump announced the establishment of a U.S. strategic bitcoin reserve, composed of assets forfeited to law enforcement. This initiative aims to create a "digital Fort Knox" for the nation. However, the plan's limited scope, focusing solely on seized assets without new acquisitions, has disappointed traders anticipating large-scale government purchases. Consequently, Bitcoin's price experienced a decline, reflecting market sentiment.